San Miguel Corp. chair and CEO Ramon Ang
MANILA, Philippines — Forty Philippine companies made it to Fortune Magazine’s second “Southeast Asia 500” list of the region’s largest firms in terms of revenues, showing they have a potential to take advantage of global supply chain shifts.
Billionaire Ramon Ang-led conglomerate San Miguel Corp. (SMC) was the sole Philippine company in the Top 10, ranking ninth with $27.5 billion in revenues.
READ: San Miguel nets P36.7B, sustains P1-T revenues
It was followed by SM Investments Corp. (25th), Manila Electric Co. (35th), Ayala Corp. (47th) and JG Summit Holdings Inc. (50th).
“The region has become a crucial manufacturing and export hub, which is drawing significant capital flows,” Fortune Asia executive editor Clay Chandler said in a statement.
“This momentum has been further fueled by Trump-era tariffs, which have reshaped global trade dynamics and driven a shift toward Southeast Asia,” Chandler added.
Others on the list are BDO Unibank Inc. (52nd), GT Capital Holdings Inc. (61st), Aboitiz Equity Ventures Inc. (68th), Jollibee Foods Corp. (79th) and Cosco Capital Inc. (88th).
View the complete list here: Fortune Southeast Asia 500.